India, Aug. 19 -- Days after launching its maiden INR 400 Cr secondary fund, IndigoEdge-backed PixelSky Capital has raised INR 150 Cr in the investment vehicle's first close.

Hitesh Ahuja, the cofounder of PixelSky, took his LinkedIn handle to confirm the development.

"Our secondaries investment firm has got commitments of INR 150 Cr ($17 Mn) in our maiden fund and marching towards INR 400 Cr target ($ 46Mn) in the coming quarters," Ahuja said in his post.

The fund will focus on late stage tech and consumer companies, which are expected to go public in the next three to four years. It plans to back eight companies in total, writing cheques of INR 40-50 Cr each.

(The story will be updated soon)

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